Watch List notes:

Licinius I Æ Nummus. Alexandria, AD 315-316. IMP C VAL LICIN LICINIVS PF AVG, laureate head right / IOVI CONSERVATORI AVGG, Jupiter standing left, holding Victory on globe and sceptre, eagle at foot with wreath in its beak; K in left field, wreath over X over A in right field, ALE in exergue. RIC 18b. 4.08g, 21mm, 12h.

Good Very Fine.